Price of rice
The business community and the down-to-earth experts (having not so high degrees in economics) warned the present caretaker government time and again about the impending food shortage, possible rise in price in the international market and appealed for quick action. The importers wary of 'wholesale anti-corruption' and anti-hoarding operations were not much eager to import rice in large quantity. The TCB was sidelined and the BDR was entrusted with the job of import of rice and the result was inevitable.
One does not have to be a rocket scientist to understand that the economy is not in the fast lane any more. With ever declining foreign investment, less employment opportunity, mistrust among business community who knows what lies ahead.
I guess the writer should go through his own article (”Price of rice: Is the government responsible?”, Thursday, January 24, 2008) and try to explain what he tried to say. And also needs to watch his language ('rice-addicted citizens', 'the economy being raped for 36 years by politicians' etc).
The writer tried to discuss some economics- related issues and lost track, and then started the unmistakable tirade- came down heavily on political leaders using harsh language, blaming them as the originators of the current inflation, and also for dismal economic state in their times (a layman with some common sense can swore which was apparently a lot better than now) without elaborating with facts and data.
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